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(VIDEO) Roki Sasaki Delivers Career-Best Outing as Dodgers Edge Angels on Freeman Walk-Off Homer
LOS ANGELES — Roki Sasaki turned in the finest start of his major league career Friday night, striking out a career-high 10 batters over seven scoreless innings as the Los Angeles Dodgers defeated the Los Angeles Angels 1-0 in the Freeway Series opener at Dodger Stadium.
Freddie Freeman provided the lone run with a leadoff walk-off home run in the bottom of the ninth inning off former Dodgers reliever Kirby Yates, securing the victory for the hosts. Sasaki’s dominant performance set the tone in a pitchers’ duel against Angels starter Reid Detmers, allowing just two hits and two walks while showcasing improved velocity and command.
At 24 years and 214 days old, Sasaki became the fourth-youngest Japanese-born pitcher to record double-digit strikeouts in a major league game. The outing marked continued progress for the right-hander, who has shown marked improvement since incorporating a new splitter into his repertoire.
“This is the guy that we saw on video in Japan, and that we hoped to get,” Dodgers manager Dave Roberts said of Sasaki’s recent form.
Sasaki limited the Angels to minimal damage, working efficiently and attacking the strike zone with confidence. His fastball reached a career-high 100.6 mph, and his splitter proved particularly effective, generating swings and misses while tunneling well with his heater. He has now dominated the Angels in two starts this season, previously tossing seven innings of one-run ball in Anaheim.
Breakthrough Amid Early Struggles
Sasaki signed with the Dodgers ahead of the 2025 season amid high expectations following a decorated career in Japan’s Nippon Professional Baseball. His rookie year was interrupted by a right shoulder impingement, limiting him to eight starts with a 4.72 ERA before a strong postseason relief appearance. This season began unevenly, with a 6.11 ERA through his first four outings.
Since adding the splitter on April 25, however, Sasaki has posted a 3.12 ERA over seven starts, spanning more than 40 innings. In his last two outings, he has regained the triple-digit velocity that defined him in Japan. The slider-cutter added in the offseason has complemented his arsenal, allowing better sequencing and rhythm.
“I’m making small adjustments all the time. I think that because of that, everything’s kind of put together,” Sasaki said through interpreter Kensuke Okubo. “When I do that, I find a good rhythm out there. That kind of keeps me going.”
The Dodgers have witnessed gradual development rather than an immediate supernova. Roberts acknowledged the challenges of transitioning to Major League Baseball, noting unfair expectations for a seamless adjustment.
“It’s not what I would say we expected; it’s what we heard. And then when you feel comfortable and confident, then you can start to expect things,” Freeman added, praising Sasaki’s back-to-back strong performances.
Freeman’s Clutch Moment Seals Pitchers’ Duel
The game remained scoreless until the ninth. Detmers matched Sasaki’s effectiveness for much of the night, but the Dodgers’ bullpen held firm before Freeman delivered. The first baseman, known for clutch hits, sent a 3-2 pitch from Yates over the wall in deep center for his 10th homer of the season and a dramatic victory.
The win improved the Dodgers’ record against the Angels to 4-0 this season and highlighted their depth, with Shohei Ohtani back in the designated hitter role. A defensive gem by Miguel Rojas in the third inning — a barehanded play on a tipped liner, confirmed via replay — helped preserve the shutout.
Context in Dodgers’ Season
The Dodgers entered the matchup with strong momentum in the National League West. Sasaki’s outing contributes to a rotation that has shown flashes of dominance despite injuries and adjustments throughout the year. His growth trajectory aligns with the organization’s vision when they invested in the young phenom.
For the Angels, the loss underscores ongoing struggles against their crosstown rivals. Despite competitive pitching from Detmers, the offense could not capitalize on limited opportunities against Sasaki’s mix.
Sasaki has made just 19 major league starts overall. His recent stretch, including low walk rates and higher strikeout totals, signals a pitcher gaining comfort at the highest level. Analysts note similarities to his Japanese form, where he excelled with elite stuff and command.
Broader Implications and Outlook
Japanese pitchers have a storied history in MLB, from pioneers like Hideo Nomo to stars like Ohtani. Sasaki joins that lineage, and his development could prove pivotal for the Dodgers’ postseason aspirations. With improved health and pitch execution, he offers high-upside innings in a loaded rotation.
Roberts emphasized patience during Sasaki’s early difficulties. “He went through some tough times and some doubts, but he’s gotten to the other side,” the manager said.
As the season progresses, Sasaki’s ability to maintain this level will be tested against stronger lineups. His splitter’s effectiveness and velocity uptick provide tools to succeed deep into games. The Dodgers will look to build on this momentum in the remainder of the Freeway Series.
Freeman’s walk-off added to his reputation as a big-moment performer, his 20th career walk-off hit underscoring reliability in tight contests. For fans at Dodger Stadium, it capped an evening defined by Sasaki’s emergence and a classic crosstown thriller.
The performance comes amid a busy stretch for the Dodgers, who continue navigating a competitive division while integrating contributions from international talents like Sasaki and Ohtani. Early returns on Sasaki’s adjustments suggest the best may be yet to come for the 24-year-old.
Business
Trump Grants Full Pardon to Ex-Indiana Rep. Stephen Buyer Convicted of Insider Trading
President Donald Trump has issued a full, complete and unconditional pardon to former Indiana Republican Rep. Stephen Buyer, absolving him of a 2023 federal conviction for insider trading that resulted in a 22-month prison sentence.
The White House announced the pardon on Thursday, June 4, 2026, exercising authority under Article II, Section 2 of the U.S. Constitution. The proclamation praised Buyer’s “distinguished and highly productive” career, highlighting his service as a judge advocate general in the U.S. Army, his 18 years in Congress from 1993 to 2011, and his role as chairman of the House Veterans’ Affairs Committee.
Buyer, 67, was convicted in 2023 on four counts of securities fraud for misusing nonpublic information from his post-Congress consulting work. Prosecutors alleged he traded on details about Guidehouse’s acquisition of Navigant and T-Mobile’s merger with Sprint, profiting approximately $354,000. He was sentenced by U.S. District Judge Richard M. Berman to 22 months in prison, forfeiture of illegal gains and a $10,000 fine.
The pardon comes after strong bipartisan congressional support, with more than 50 current and former lawmakers endorsing clemency. Among prominent backers were Sens. Lindsey Graham of South Carolina and Roger Wicker of Mississippi, as well as former House Speaker John Boehner. Other supporters included former Sen. Rick Santorum, former Reps. Louie Gohmert, Dan Burton and Lamar Smith, and former Indiana Attorney General Curtis Hill Jr.
The White House noted the “complete and total endorsement” from these figures in its proclamation. Acting Attorney General Todd Blanche was directed to issue the certificate of pardon immediately.
Buyer maintained his innocence throughout the legal proceedings, arguing the trades were based on public information. His legal team had sought home confinement and community service, citing financial ruin from litigation costs, including the sale of his home and vehicles. Appeals, including a Supreme Court petition, were unsuccessful prior to the pardon.
A veteran of the Gulf War, Buyer served as a House prosecutor during President Bill Clinton’s 1998 impeachment trial. His congressional tenure focused on veterans’ issues and national security. After leaving office, he worked as a consultant and lobbyist in telecommunications and other sectors.
The case drew attention for involving a former lawmaker’s post-Congress activities. Prosecutors emphasized the breach of trust, while supporters framed the conviction as overly punitive given Buyer’s public service record. The pardon restores his rights and likely nullifies remaining financial penalties.
Reactions to the pardon have been mixed along partisan lines. Supporters view it as correcting a miscarriage of justice for a dedicated public servant, while critics question the optics of pardoning a securities fraud conviction amid broader debates over accountability in public life.
Trump has previously used his clemency power for allies and others he deemed unfairly targeted. The Buyer pardon fits a pattern of reviewing cases involving political figures, though the White House framed this one primarily around Buyer’s military and congressional contributions.
The episode revives discussions about insider trading rules for lawmakers and former officials. Buyer’s case involved information gained after leaving office, distinguishing it from congressional stock trading controversies. It also coincides with ongoing scrutiny of market fairness and political influence.
Buyer’s legal troubles began with an SEC investigation into trades made in 2018 and 2019. He purchased shares in Navigant shortly before its acquisition and Sprint ahead of the T-Mobile merger announcement. Jurors found he obstructed justice by providing false explanations during the trial.
Financially devastated by the case, Buyer and his family faced significant hardship. His wife, who had an autoimmune condition, returned to work at age 65. The pardon provides relief from further penalties and restores his standing.
Congressional supporters highlighted Buyer’s character and service. Letters to Trump described him as someone who “served our country in the military and in Congress with honor and integrity.” The broad coalition of endorsers, spanning multiple eras of Republican leadership, underscored his respect among colleagues.
The pardon does not address civil liabilities or erase the conviction’s historical record but prevents further punishment. Legal experts note that presidential pardons are broad but cannot prevent impeachment or certain professional restrictions.
Buyer has not issued a public statement following the announcement, though earlier comments expressed gratitude for supporters and hope for vindication. His case had generated petitions and advocacy from former colleagues dating back to 2025.
In the broader political context, the move comes as Trump navigates his administration’s early months, balancing loyalty to allies with public expectations on ethics. It also fuels debates about the scope of presidential pardon power, with some lawmakers previously proposing limits.
Veterans’ groups and Indiana Republicans welcomed the news, citing Buyer’s long advocacy for service members. Critics, including some good-government organizations, expressed concern about signals sent regarding white-collar accountability.
The case timeline reflects years of legal battles. Convicted in March 2023, sentenced in September 2023, appeals denied through 2025 and into 2026, culminating in executive clemency. Buyer reportedly served his sentence and was released prior to the pardon.
As details emerge, the pardon underscores the intersection of law, politics and public service. Buyer’s story—from Gulf War veteran to congressman to consultant facing federal charges—illustrates the complexities of post-office transitions for elected officials.
Trump’s action concludes a chapter for Buyer while reopening conversations about standards for former public servants. Whether it sets precedent or remains an isolated case will depend on future clemency decisions and congressional responses.
For now, Buyer regains full rights as a citizen unburdened by the conviction’s legal consequences. His supporters celebrate it as justice served; detractors see it as another example of elite leniency. The full impact on his legacy and any future endeavors remains to be seen.
Business
Trump Expands TrumpRx Program Offering Discounts on More Than 800 Medications
President Donald Trump announced Friday an expansion of the TrumpRx.gov program, adding 160 more prescription drugs and bringing the total number of discounted medications available to more than 800.
The initiative, launched earlier this year, aims to provide cash-paying consumers with transparent pricing and savings on commonly used drugs by bypassing traditional insurance middlemen. Trump highlighted the expansion in a Truth Social post, stating it now covers four out of five prescriptions filled by Americans.
“I am pleased to announce that TrumpRx.gov is adding another 160 Prescription Drugs, at highly discounted prices, for a new total of over 800 of the most commonly-used Prescription Drugs,” Trump wrote. “TrumpRx.gov will now provide clear, transparent, and DISCOUNTED offerings for FOUR OUT OF FIVE of every prescription filled by Americans.”
The program builds on agreements with major pharmaceutical companies under a “most-favored-nation” pricing approach. Participating drugmakers received certain tariff exemptions in exchange for lowering prices on selected medications and extending discounts to eligible consumers. Companies including Eli Lilly and Novo Nordisk have joined, offering reductions on popular GLP-1 weight-loss and diabetes treatments.
Discounted medications now include inhalers, HIV treatments, diabetes drugs, fertility medications and a wide range of generics. The website allows users to search for specific drugs, view estimated savings compared to insurance co-pays and generate coupons redeemable at participating pharmacies or directly through manufacturers.
Trump credited the program with already delivering significant savings. “These Most Favored Nations Deals have already, in fact, saved American Patients over 400 Million Dollars since the launch of TrumpRx.gov,” he said. He tied the success to broader trade policies, noting tariffs helped secure favorable terms.
The initiative reflects ongoing efforts to address high prescription drug costs in the United States, where prices for many medications exceed those in other developed countries. Trump positioned the expansion as a continuation of first-term achievements while pursuing more aggressive reductions.
“I was proud to make History during my First Term when we lowered Drug Prices, even if by a tiny percentage, because this amounted to a HUGE change compared to other presidents only raising Drug Prices, endlessly and significantly, every year,” Trump wrote. “Then, during my Second Term, I decided to go BIG with Most Favored Nations Pricing.”
Administration officials, including Centers for Medicare and Medicaid Services Administrator Dr. Mehmet Oz, have encouraged Americans to compare prices on TrumpRx.gov before filling prescriptions. The platform integrates data from partners such as Amazon Pharmacy, Mark Cuban’s Cost Plus Drugs and GoodRx, providing multiple options for cash-paying patients.
The program targets uninsured individuals or those whose insurance co-pays exceed available cash prices. Users must typically pay out-of-pocket and forgo insurance reimbursement for the discounted medications. This approach aims to increase price transparency and competition in the pharmaceutical market.
Critics have questioned the scale of impact, noting that while the program covers hundreds of drugs, it represents a fraction of the thousands of FDA-approved medications. Some independent analyses suggest overlapping discounts with existing platforms, though the administration maintains the most-favored-nation deals deliver unique savings on key treatments.
Supporters highlight specific examples, such as substantial reductions on weight-loss medications like Ozempic, dropping from over $1,000 to around $200 monthly in some cases. The program also covers chronic condition treatments that impose heavy burdens on patients.
The expansion comes amid broader health care policy discussions. Trump has directed the administration to pursue additional partnerships and deals to further lower prices. Officials continue negotiating with more drugmakers to expand the catalog.
Pharmaceutical industry reactions have been mixed. Participating companies point to increased volume from cash buyers offsetting lower per-unit prices, while others express concerns about tariff linkages and long-term pricing pressures. Patient advocacy groups welcome any relief on costs but call for more comprehensive reforms addressing insurance and generic access.
TrumpRx.gov launched in February 2026 with an initial set of brand-name drugs. The May addition of hundreds of generics marked a significant broadening, followed by this latest update. The site has seen growing traffic as awareness spreads through administration promotions and word-of-mouth savings reports.
Health policy experts note the program’s focus on cash prices fills a gap for the uninsured and underinsured but does not directly lower costs within insurance plans. Its success depends on consumer adoption and continued manufacturer participation.
The initiative ties into larger administration goals of reducing overall health care spending through competition and international price benchmarking. Trump has repeatedly emphasized that Americans should not pay more than citizens in other nations for the same drugs.
As the program grows, questions remain about sustainability and potential effects on innovation and drug development. Proponents argue that volume increases and efficiency gains can balance lower margins, while skeptics worry about supply chain impacts or reduced research investment.
For consumers, the practical benefit lies in easy access to price comparisons. A quick search on TrumpRx.gov can reveal options that beat insurance co-pays, potentially saving hundreds or thousands annually for those managing chronic conditions.
The White House continues promoting the site through public events and digital campaigns. With midterm considerations and ongoing health care debates, the expansion serves as a tangible deliverable on promises to tackle drug prices head-on.
Looking ahead, further additions to the program are expected as more deals materialize. Administration officials have signaled openness to expanding eligibility and integrating additional pharmacy partners. The goal remains providing meaningful relief to American patients facing high out-of-pocket costs.
TrumpRx represents one piece of a multifaceted approach to pharmaceutical pricing. Combined with other policy tools, it aims to shift dynamics in a market long criticized for opacity and high costs. As usage data accumulates, its real-world impact will become clearer.
Business
Abbott reports rising DKA hospitalizations among diabetics

Abbott reports rising DKA hospitalizations among diabetics
Business
‘Backrooms’ producer Peter Chernin thinks Hollywood needs to change
Over the past week, one conversation has dominated Hollywood executive lunches and studio staff meetings: What’s the next “Backrooms”?
The industry is scrambling to figure out how to replicate the phenomenon of “Obsession” and “Backrooms,” low-budget psychological horror films directed by YouTube creators that have dominated the box office over the past two weeks.
But “Backrooms” producer Peter Chernin, whose production company cofinanced the film, said he thinks the rush to sign deals with YouTube creators is a “big mistake.”
“It’s no different than making sequels. It’s jumping on an existing bandwagon,” Chernin said in an interview. “I guarantee you 80% will be failures. It involves no originality, it involves no innovation. Your job is to innovate, and your job is to look for fresh IP [intellectual property] and fresh voices. It’s not to just jump on a bandwagon.”
Chernin has a unique background spanning traditional Hollywood as well as the YouTube creator space. He ran Fox’s movie and TV divisions from 1996 to 2009, overseeing box office juggernauts including “Titanic” and “Avatar.”
Chernin went on to found a private equity firm, The Chernin Group, in 2010, which backed a number of companies in the creator economy space, including Fullscreen and Tumblr. In 2022 he cofounded North Road, a global content studio. Its Chernin Entertainment division coproduced and cofinanced “Backrooms” with independent film studio A24.
“We are consistently looking for what’s new, what’s interesting, and where the world is going,” Chernin said. “I think that YouTube background gave us unique insights into doing this movie.”
“Backrooms,” with a budget of just $10 million, has found particular success with younger audiences who were familiar with director Kane Parson’s YouTube series, which inspired the film. In the film’s first weekend in theaters, 86% of ticket buyers were under the age of 35, according to an audience survey by Comscore Movies and Screen Engine PostTrak.
“Backrooms” crossed $100 million at the domestic box office in just six days, becoming the highest-grossing domestic film ever for A24.
Basing a movie on established IP is a familiar strategy in Hollywood, where superheroes, popular book series or even toys like Barbie have proven to be a reliable way to draw audiences. Since 2010, most of the top performing domestic releases have been based on established IP, but box office experts warn audiences are getting franchise fatigue, and some high-profile sequels have fallen flat.
While “Backrooms” and Parsons had an established fanbase, building a movie on YouTube content is unusual. Chernin said the concept feels authentic and fresh on the big screen, making it distinct from decades-old franchises.
“Hollywood has been guilty of being a little bit cynical and essentially creating a brand management sort of manufacturing process, consistently feeding audiences a diet of sequels,” Chernin said. “One of the things that really resonated is that this feels like a movie with young people’s IP. What it says more than anything is that audiences are looking for freshness. They’re looking for something that feels unique and original.”
While the box office still lags prepandemic levels, the phenomenon of “Backrooms” and “Obsession,” which was shot for a budget of $750,000 and has also earned more than $100 million domestically, has Hollywood insiders and analysts asking how studios should change strategy.
Eric Handler, a media and entertainment analyst at Roth, agrees that younger generations have growing fatigue with franchise films and sequels, as evidenced by the disappointing opening of Disney’s latest Star Wars offshoot “The Mandalorian and Grogu.”
“Younger people still want to go to the movies. They like that communal experience, but they’re looking for something a bit different,” Handler said. “They’re saying you don’t need to make a $250 million movie to get me interested. Come up with an interesting concept that resonates with me and we’ll go.”
Handler said he now expects studios to cast a wider net for content. “Clearly there’s an opportunity here, especially if you can do these movies at a very low budget,” he said.
Chernin said the success of “Backrooms” is a sign that movie studios should take more risks.
“Risk is ultimately the lifeblood of success. Hollywood has gotten itself into a mentality over the past 10 years where risk has been looked at as being reckless,” Chernin said. “You have to try and figure out a way to do it at the right budget, but risk is important, and risk is the biggest upside in the world.”
Business
(VIDEO) Taylor Sheridan’s ‘Lioness’ Season 3 Set for August 2 Premiere on Paramount+
Paramount+ has announced that Season 3 of Taylor Sheridan’s high-stakes espionage thriller “Lioness” will premiere on Sunday, August 2, bringing back the intense world of CIA operations and personal sacrifice to subscribers.
The series, inspired by a real U.S. military program that deploys female operatives to infiltrate terrorist networks, has become one of Paramount+’s standout originals since its 2023 debut. Season 3 promises to deepen the conflicts for its central characters as global threats encroach on their personal lives.
Zoe Saldaña returns as Joe McNamara, the driven leader of the Lioness program, alongside Oscar winner Nicole Kidman as Kaitlyn Meade, her formidable CIA superior. Michael Kelly reprises his role as Byron Westfield, with Morgan Freeman also expected to appear. The ensemble cast includes Laysla De Oliveira, Dave Annable, Jill Wagner, LaMonica Garrett, James Jordan, Genesis Rodriguez, Austin Hébert, Jonah Wharton, Thad Luckinbill, Hannah Love Lanier and Ian Bohen.
In Season 3, hidden networks, foreign operatives and personal betrayals collide as Joe walks a precarious line between duty and home life. Unseen forces circle her world, patterns emerge unexpectedly, and loyalties are tested. Guided by Kaitlyn and Westfield, Joe confronts enemies operating from the shadows, forcing her to reckon with a war that now invades every aspect of her existence.
Season 2 concluded with the CIA’s fight against terror drawing dangerously close to home. Joe, Kaitlyn and Byron recruited a new Lioness operative to infiltrate an emerging threat, culminating in profound personal sacrifices for Joe as the program’s leader. The new season builds directly on those stakes, expanding the narrative into more intimate and international territory.
Taylor Sheridan, the prolific creator behind hits like “Yellowstone,” “1883” and “Tulsa King,” serves as writer and executive producer. The series blends intense action sequences with character-driven drama, exploring themes of loyalty, sacrifice and the human cost of national security. Production for Season 3 wrapped earlier this year in Texas, maintaining the show’s reputation for efficient turnaround from filming to release.
Saldaña, who also executive produces, has praised the series for its balance of high-octane missions and emotional depth. Kidman’s involvement adds star power and nuance to the intelligence community dynamics. The cast’s chemistry has been a key factor in the show’s critical and viewer success across previous seasons.
Additional executive producers include David C. Glasser, Ron Burkle, David Hutkin, Bob Yari, Michael Friedman, Jill Wagner, David Lemanowicz, Geyer Kosinski and Keith Cox. The team has crafted a narrative that resonates with audiences interested in modern spy thrillers grounded in real-world inspiration.
“Lioness” has consistently performed well for Paramount+, drawing viewers with its gripping storytelling and strong female leads. Season 1 premiered in July 2023, followed by Season 2 in October 2024. The rapid renewal and production schedule reflect confidence in the franchise’s staying power within Sheridan’s expanding Paramount+ universe.
The series stands out for its portrayal of women in special operations roles, offering a fresh perspective on counterterrorism efforts. Critics have noted its tense pacing, moral complexities and visually striking action set pieces filmed in authentic locations. Fans particularly connect with the “Cruzie” dynamic and evolving team relationships.
As anticipation builds for the August premiere, Paramount+ is expected to release trailers and first-look images in the coming weeks. Early promotional materials highlight heightened tension, shadowy confrontations and the personal toll on operatives balancing covert work with family obligations.
Sheridan’s involvement ensures the signature raw authenticity and character complexity that define his projects. The show’s exploration of intelligence work’s ethical gray areas adds layers beyond typical action fare, appealing to both genre enthusiasts and drama viewers.
New cast additions and returning favorites promise fresh dynamics. Ian Bohen’s inclusion from Sheridan’s “Yellowstone” universe hints at potential crossover appeal for fans of the interconnected storytelling style. The ensemble’s depth allows for multifaceted arcs as the Lioness program faces evolving threats.
The August 2 premiere slots “Lioness” into a competitive summer streaming landscape, capitalizing on vacation viewing habits and building momentum through weekly episodes. Paramount+ subscribers can expect the signature high production values, including realistic tactical sequences and emotionally charged performances.
Broader context within Sheridan’s slate includes ongoing expansions of his television empire. “Lioness” complements other series by delivering contemporary thrills distinct from his Western dramas, demonstrating his range across genres. The franchise’s success underscores Paramount+’s strategy of investing in premium original content with strong name recognition.
Viewers new to the series can catch up on Seasons 1 and 2, now streaming on Paramount+. The show’s binge-friendly yet serialized nature rewards dedicated viewing while remaining accessible. Marketing efforts are likely to emphasize the all-star cast and escalating stakes for Season 3.
As the August premiere approaches, excitement continues to mount among fans eager to see how Joe’s story unfolds amid intensifying personal and professional pressures. “Lioness” has carved a niche as a thoughtful, pulse-pounding addition to the spy thriller genre, blending real-world inspiration with compelling fiction.
The series’ cultural impact extends to discussions about women in intelligence and the sacrifices made by those in covert roles. Its popularity highlights demand for nuanced portrayals of national security challenges in an era of complex global threats.
With Season 3 poised to deliver more of what audiences love — high-stakes action, intricate plots and powerhouse performances — “Lioness” is set to maintain its status as a flagship Paramount+ offering. Sheridan and the cast appear committed to delivering another gripping chapter in this ongoing saga of duty, betrayal and resilience.
Business
SPMO: Momentum Faces Pressure, But AI-Fueled Growth Still Makes It A Buy
SPMO: Momentum Faces Pressure, But AI-Fueled Growth Still Makes It A Buy
Business
Exclusive | Morgan Stanley Sees SpaceX’s Revenue Reaching $3.4 Trillion in 2040
To support the $1.77 trillion valuation Elon Musk’s SpaceX is targeting in its initial public offering, bankers are telling investors to look to the future.
SpaceX’s revenue could reach $3.4 trillion in 2040, according to a Morgan Stanley MS -2.90%decrease; red down pointing triangle analysis shared with top investors Thursday, according to people familiar with the matter.
Copyright ©2026 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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(VIDEO) Kevin Durant Goes Viral Hiding Behind Bush After Nobu Malibu Dinner With Mystery Woman
Houston Rockets star Kevin Durant found himself trending for all the wrong reasons after photographs emerged showing the 37-year-old NBA veteran attempting to conceal himself behind a bush outside Nobu Malibu while leaving the upscale restaurant with an unidentified woman.
The incident occurred on Tuesday evening, June 4, 2026, as Durant exited the celebrity-favored Japanese restaurant in Malibu, California. According to photographers on the scene, the 6-foot-11 forward spotted paparazzi and quickly ducked behind a tall shrub near the entrance, waiting several minutes before the woman emerged. The pair then departed together in the same vehicle.
Images captured by Backgrid and shared widely by outlets including the Daily Mail and New York Post quickly circulated on social media, sparking a wave of memes and lighthearted commentary. Fans noted the futility of the attempt given Durant’s towering height, with the bush failing to fully obscure him.
“Apparently, that bush wasn’t tall enough for a 7-footer,” one social media user remarked, capturing the amusement that followed.
Durant, a four-time Olympic gold medalist and future Hall of Famer, has long maintained a private personal life, rarely sharing details of relationships publicly. The woman’s identity remains unknown, and no confirmation has emerged on the nature of their outing. Speculation on social platforms ranged from casual dinner to potential romance, though Durant has previously expressed skepticism about marriage and traditional commitments.
This marks one of the few times Durant has drawn significant attention for off-court matters in recent years. Past rumors linked him briefly to former WNBA player Liz Cambage after a 2025 Drake concert sighting, but he has otherwise avoided the spotlight on personal affairs.
The episode comes during the NBA offseason, as Durant continues his tenure with the Houston Rockets following a trade that brought him to the team. On the court, he remains one of the league’s most prolific scorers, recently moving past Michael Jordan on the all-time scoring list. His basketball focus has been unwavering despite the viral distraction.
Social media reactions mixed humor with calls for privacy. Many fans defended Durant’s attempt to maintain low-key moments, while others poked fun at the visual of the slim 6-foot-11 athlete crouched behind inadequate cover. Memes comparing the scene to other tall celebrities or classic hiding fails proliferated across platforms.
Nobu Malibu, co-owned by celebrity chef Nobu Matsuhisa and actor Robert De Niro, is a frequent haunt for high-profile figures seeking discreet yet luxurious dining. The restaurant’s oceanfront location and celebrity clientele often attract paparazzi, making complete anonymity challenging.
Durant has not publicly commented on the photographs. His representatives and the Rockets organization also remained silent on the matter, consistent with his preference for separating personal and professional spheres.
The story highlights the persistent challenges faced by athletes of Durant’s stature in navigating fame. Even in attempting privacy, the moment amplified public scrutiny, turning a simple dinner into a viral sensation. Observers note that such incidents often underscore the difficulties of balancing a high-profile career with normalcy.
In the broader context of Durant’s career, the lighthearted episode serves as a brief diversion from basketball discussions. The 37-year-old continues to defy age expectations, delivering elite production for the Rockets. His leadership and scoring prowess remain central to Houston’s ambitions as the team builds around him and younger talent.
Fans and analysts alike have used the moment to reflect on Durant’s personality. Known for his thoughtful social media presence and occasional candidness, he has cultivated a persona that values authenticity while guarding personal boundaries. The bush incident, while humorous to many, reinforces his desire for discretion.
As the offseason progresses, attention will likely shift back to basketball matters, including free agency, trades and preparations for the 2026-27 season. Durant’s focus remains on competing at the highest level and adding to his already impressive résumé, which includes NBA championships, MVP honors and Olympic successes.
The viral episode also reflects broader dynamics in celebrity culture, where even calculated efforts at privacy can backfire in the age of omnipresent cameras and instant sharing. For athletes, the line between public figure and private individual grows increasingly blurred, especially for stars of Durant’s caliber.
Social media users continue to share edited images and jokes, ensuring the story’s longevity in the short term. Yet for Durant, such moments are transient compared to his on-court legacy. His body of work — from Oklahoma City to Golden State, Brooklyn, Phoenix and now Houston — cements his place among the greats regardless of off-court optics.
Industry insiders suggest the attention may fade quickly as training camps approach and other storylines dominate. In the meantime, the images serve as a reminder of the human side of superstar athletes attempting ordinary experiences in an extraordinary spotlight.
Durant’s resilience both on and off the court has defined much of his career. From injury recoveries to team transitions and now this viral mishap, he has consistently demonstrated adaptability. As the NBA world awaits his next moves, this lighthearted chapter adds color to the narrative of one of basketball’s most accomplished yet private figures.
Whether the dinner was a casual outing or something more remains speculation. What is clear is that Durant’s attempt at stealth became an unintended highlight reel for fans seeking offseason entertainment. In a league filled with larger-than-life personalities, even a simple bush could not contain the spotlight.
Business
Top 10 Korea Exchange Stocks to Consider Buying in 2026 Amid AI Boom
South Korea’s equity market on the Korea Exchange (KRX) has delivered exceptional gains in 2026, with the KOSPI index surging more than 100% year-to-date as of early June, driven by explosive demand for AI-related semiconductors and broader economic momentum. Goldman Sachs raised its 12-month KOSPI target to 12,000, citing strong earnings growth projections.
The KRX, encompassing the KOSPI and KOSDAQ boards, features global leaders in technology, automotive and industrials. Analysts highlight companies aligned with AI infrastructure, electric vehicles and domestic recovery. Here are 10 notable KRX-listed stocks drawing attention for the remainder of 2026.
1. Samsung Electronics Co. Ltd. (005930): The technology giant and world’s largest memory chip maker benefits from AI-driven demand for DRAM, NAND and HBM chips. Its diversified portfolio across semiconductors, smartphones and displays provides resilience and growth potential.
2. SK Hynix Inc. (000660): A leading memory semiconductor producer, SK Hynix stands out for its high-bandwidth memory (HBM) leadership critical to AI data centers. The company has seen dramatic gains, with analysts forecasting substantial profit expansion in 2026.
3. Hyundai Motor Co. (005380): The automotive leader gains from strong global sales, EV advancements and robotics initiatives. Its improving earnings outlook and market share gains position it well amid industry transitions.
4. KB Financial Group Inc. (105560): One of Korea’s largest banks offers exposure to financial sector recovery, with benefits from interest rate normalization and wealth management growth. It provides dividend appeal and stability.
5. POSCO Holdings Inc. (005490): The steel and materials powerhouse benefits from global demand and diversification into new energy and battery materials. Earnings are expected to normalize and improve in 2026.
6. LG Energy Solution Ltd. (373220): A key player in electric vehicle batteries, it capitalizes on the global EV transition and energy storage needs, aligning with Korea’s green growth strategy.
7. Samsung Biologics Co. Ltd. (207940): The biopharmaceutical contract manufacturer delivers high-margin growth through expanding capacity and partnerships in the booming biotech sector.
8. NAVER Corp. (035420): The internet and search leader expands in cloud, AI and e-commerce, benefiting from domestic digital consumption and global ventures.
9. Kia Corp. (000270): Hyundai Motor’s sister company mirrors automotive strengths with competitive EV offerings and strong export performance.
10. Hanwha Aerospace Co. Ltd. (012450): A defense and aerospace firm gains from rising global security spending and diversification into energy solutions.
These stocks capture KRX’s concentration in high-growth sectors while offering balance. The KOSPI’s rally, fueled by chipmakers, has outpaced many global peers, with semiconductor-related firms driving much of the performance.
Korea’s market backdrop features robust export growth, particularly in semiconductors, and government support for innovation. Foreign investor flows have been volatile but overall positive amid AI enthusiasm. Valuations for quality names remain attractive despite the rally, with strong corporate earnings providing support.
Samsung Electronics and SK Hynix dominate due to their critical role in AI supply chains, with HBM demand surging. Automotive names like Hyundai Motor and Kia benefit from EV and hybrid strategies. Financials such as KB Financial add defensive income, while POSCO and LG Energy Solution tie into materials and green energy.
International investors access KRX stocks through ETFs like the iShares MSCI South Korea ETF or direct trading via qualified channels. Corporate governance reforms and shareholder return policies have enhanced appeal.
As of early June 2026, the market shows some consolidation after sharp gains, but analysts maintain optimism. Goldman Sachs forecasts 300% earnings growth for the year, the strongest in the region.
Risks include geopolitical tensions, global chip cycle fluctuations and currency movements. Long-term structural drivers — technological leadership, demographics and policy support — underpin the positive outlook.
Diversification across these 10 names, or broader index exposure, helps manage concentration risks inherent in Korea’s market, where a few large-cap tech firms exert significant influence. Many offer dividends alongside growth.
The KRX continues advancing with technological upgrades and new listings, strengthening its role in Asia’s capital markets. For 2026, execution on AI and EV themes will be key differentiators.
Investors should monitor quarterly earnings, global semiconductor trends and macroeconomic data from Korea and major trading partners. Professional financial advice is essential, as equity investments involve risks and past performance does not guarantee future results.
In summary, KRX-listed companies provide compelling opportunities in 2026 for exposure to Korea’s innovation-driven economy. From Samsung Electronics and SK Hynix powering the AI revolution to Hyundai Motor advancing mobility, these stocks represent leaders poised to benefit from global megatrends. With the KOSPI targeting new highs, selective investment in such names offers participation in one of Asia’s standout markets.
Business
Top 10 NSE Stocks to Consider Buying on India’s National Stock Exchange in 2026
India’s equity market on the National Stock Exchange (NSE) has maintained strong momentum in 2026, with the Nifty 50 index trading near all-time highs around 25,000-26,000 points amid robust economic growth, corporate earnings resilience and policy continuity. As of early June, analysts highlight opportunities in banking, technology, energy, consumer and infrastructure sectors, supported by domestic consumption, digitalization and infrastructure spending.
The NSE, home to over 2,000 listed companies, offers investors access to India’s dynamic growth story. Here are 10 notable NSE-listed stocks drawing attention for the remainder of 2026, based on market position, recent performance and analyst consensus.
1. Reliance Industries Ltd. (RELIANCE): The conglomerate spans energy, petrochemicals, retail and digital services through Jio. Its diversified operations and investments in renewables position it for long-term growth amid India’s energy transition and consumption boom.
2. HDFC Bank Ltd. (HDFCBANK): India’s largest private sector bank by assets continues to deliver stable performance with strong retail focus, digital initiatives and asset quality. It appeals for its consistent profitability and dividend track record.
3. Bharti Airtel Ltd. (BHARTIARTL): The telecom leader benefits from subscriber growth, data usage surge and tariff rationalization. Its 5G rollout and enterprise solutions drive revenue and profitability expansion.
4. Tata Consultancy Services Ltd. (TCS): The IT services giant leverages global demand for digital transformation, cloud and AI solutions. Its debt-free balance sheet and steady client wins support reliable returns.
5. ICICI Bank Ltd. (ICICIBANK): Known for retail banking strength and digital innovation, it offers growth in lending and fee income while maintaining robust risk management.
6. Larsen & Toubro Ltd. (LT): The engineering and construction major capitalizes on government infrastructure push, with order books in defense, energy and urban development providing multi-year visibility.
7. Infosys Ltd. (INFY): Another IT powerhouse focused on consulting, digital services and AI, it benefits from large deal wins and operational efficiencies in a recovering global tech spending environment.
8. Hindustan Unilever Ltd. (HINDUNILVR): The FMCG leader with strong brands in personal care and foods delivers defensive growth through rural penetration and premiumization trends.
9. State Bank of India (SBIN): As the largest public sector bank, it plays a pivotal role in financial inclusion and benefits from economic expansion and policy support.
10. Bharat Electronics Ltd. (BEL): The defense electronics company gains from rising indigenization efforts and order inflows in radar, communication and missile systems.
These stocks represent a balanced portfolio spanning defensive, growth and cyclical themes. The Nifty 50 has shown resilience, with analysts projecting further upside driven by GDP growth above 6.5% and corporate earnings expansion.
India’s market backdrop includes moderating inflation, stable rupee and government focus on capital expenditure. Foreign institutional investor flows have been supportive, though volatility from global cues remains a factor. Valuations for quality names appear reasonable relative to long-term growth prospects.
Reliance and Bharti Airtel capture consumption and digital themes, while banks like HDFC and ICICI provide financial sector exposure. IT majors TCS and Infosys offer global revenue diversification. Infrastructure plays such as L&T and BEL align with national priorities in manufacturing and defense. Consumer staples via Hindustan Unilever add stability.
International investors access NSE stocks through participatory notes, direct custody or India-focused ETFs and mutual funds. Domestic retail participation remains high, supported by systematic investment plans.
As of early June 2026, sector rotation favors financials and industrials amid easing rate expectations. Corporate results have largely been positive, with guidance reflecting confidence in domestic demand.
Risks include geopolitical tensions, monsoon variability affecting agriculture and potential global slowdowns impacting exports. However, structural drivers such as demographics, urbanization and formalization of the economy provide long-term tailwinds.
Analysts recommend diversification and a long-term horizon. Many of these companies boast strong balance sheets, competitive advantages and regular capital returns through dividends or buybacks.
The NSE continues to evolve with technological upgrades and new listings, enhancing liquidity and transparency. For 2026, focus remains on execution amid India’s ambition to become a $5 trillion economy.
Investors should conduct thorough due diligence, monitor quarterly results and macroeconomic indicators. Professional financial advice is essential, as equity markets carry inherent risks and past performance does not guarantee future results.
In summary, these 10 NSE-listed stocks offer compelling exposure to India’s growth narrative in 2026. From Reliance’s conglomerate strength to BEL’s defense momentum, they embody sectors poised to benefit from structural reforms and rising aspirations. With prudent allocation, investors can participate in one of the world’s fastest-growing major economies through its premier exchange.
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